Quarterly report pursuant to Section 13 or 15(d)

LOANS (Tables)

v2.4.0.8
LOANS (Tables)
 6 Months Ended
Jun. 30, 2013
Text Block [Abstract]  
Details Of Loans
The following table details the Company’s loans at June 30, 2013 and December 31, 2012 : 
 
 
 
June 30,
 
 
December 31,
 
 
 
2013
 
 
2012
 
 
 
(Dollars In Thousands)
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,150,977
 
 
$
1,030,990
 
Real estate - construction
 
 
162,076
 
 
 
158,361
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
623,146
 
 
 
568,041
 
1-4 family mortgage
 
 
252,357
 
 
 
235,909
 
Other mortgage
 
 
359,923
 
 
 
323,599
 
 
 
 
 
 
 
 
 
 
Subtotal: Real estate - mortgage
 
 
1,235,426
 
 
 
1,127,549
 
Consumer
 
 
41,713
 
 
 
46,282
 
 
 
 
 
 
 
 
 
 
Total Loans
 
 
2,590,192
 
 
 
2,363,182
 
Less: Allowance for loan losses
 
 
(28,757
)
 
 
(26,258
)
 
 
 
 
 
 
 
 
 
Net Loans
 
$
2,561,435
 
 
$
2,336,924
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
44.43
%
 
 
43.63
%
Real estate - construction
 
 
6.26
%
 
 
6.70
%
Real estate - mortgage:
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
24.06
%
 
 
24.04
%
1-4 family mortgage
 
 
9.74
%
 
 
9.98
%
Other mortgage
 
 
13.90
%
 
 
13.69
%
Subtotal: Real estate - mortgage
 
 
47.70
%
 
 
47.71
%
Consumer
 
 
1.61
%
 
 
1.96
%
Total Loans
 
 
100.00
%
 
 
100.00
%
 
Loans By Credit Quality Indicator
Loans by credit quality indicator as of June 30, 2013 and December 31, 2012 were as follows: 
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
June 30, 2013
 
Pass
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
 
 
(In Thousands)
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,107,307
 
 
$
35,092
 
 
$
8,464
 
 
$
114
 
 
$
1,150,977
 
Real estate - construction
 
 
137,731
 
 
 
6,645
 
 
 
17,700
 
 
 
-
 
 
 
162,076
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
605,157
 
 
 
10,581
 
 
 
7,408
 
 
 
-
 
 
 
623,146
 
1-4 family mortgage
 
 
237,094
 
 
 
6,248
 
 
 
9,015
 
 
 
-
 
 
 
252,357
 
Other mortgage
 
 
347,364
 
 
 
7,670
 
 
 
4,889
 
 
 
-
 
 
 
359,923
 
Total real estate mortgage
 
 
1,189,615
 
 
 
24,499
 
 
 
21,312
 
 
 
-
 
 
 
1,235,426
 
Consumer
 
 
41,057
 
 
 
78
 
 
 
578
 
 
 
-
 
 
 
41,713
 
Total
 
$
2,475,710
 
 
$
66,314
 
 
$
48,054
 
 
$
114
 
 
$
2,590,192
 
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
Pass
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
 
 
(In Thousands)
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,004,043
 
 
$
19,172
 
 
$
7,775
 
 
$
-
 
 
$
1,030,990
 
Real estate - construction
 
 
121,168
 
 
 
22,771
 
 
 
14,422
 
 
 
-
 
 
 
158,361
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
555,536
 
 
 
4,142
 
 
 
8,363
 
 
 
-
 
 
 
568,041
 
1-4 family mortgage
 
 
223,152
 
 
 
6,379
 
 
 
6,378
 
 
 
-
 
 
 
235,909
 
Other mortgage
 
 
312,473
 
 
 
6,674
 
 
 
4,452
 
 
 
-
 
 
 
323,599
 
Total real estate mortgage
 
 
1,091,161
 
 
 
17,195
 
 
 
19,193
 
 
 
-
 
 
 
1,127,549
 
Consumer
 
 
46,076
 
 
 
71
 
 
 
135
 
 
 
-
 
 
 
46,282
 
Total
 
$
2,262,448
 
 
$
59,209
 
 
$
41,525
 
 
$
-
 
 
$
2,363,182
 
Loans By Performance Status
Loans by performance status as of June 30, 2013 and December 31, 2012 were as follows:
 
June 30, 2013
 
Performing
 
 
Nonperforming
 
 
Total
 
 
 
(In Thousands)
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,149,580
 
 
$
1,397
 
 
$
1,150,977
 
Real estate - construction
 
 
149,853
 
 
 
12,223
 
 
 
162,076
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
622,391
 
 
 
755
 
 
 
623,146
 
1-4 family mortgage
 
 
252,060
 
 
 
297
 
 
 
252,357
 
Other mortgage
 
 
359,686
 
 
 
237
 
 
 
359,923
 
Total real estate mortgage
 
 
1,234,137
 
 
 
1,289
 
 
 
1,235,426
 
Consumer
 
 
41,598
 
 
 
115
 
 
 
41,713
 
Total
 
$
2,575,168
 
 
$
15,024
 
 
$
2,590,192
 
 
December 31, 2012
 
Performing
 
 
Nonperforming
 
 
Total
 
 
 
(In Thousands)
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,030,714
 
 
$
276
 
 
$
1,030,990
 
Real estate - construction
 
 
151,901
 
 
 
6,460
 
 
 
158,361
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
565,255
 
 
 
2,786
 
 
 
568,041
 
1-4 family mortgage
 
 
235,456
 
 
 
453
 
 
 
235,909
 
Other mortgage
 
 
323,359
 
 
 
240
 
 
 
323,599
 
Total real estate mortgage
 
 
1,124,070
 
 
 
3,479
 
 
 
1,127,549
 
Consumer
 
 
46,139
 
 
 
143
 
 
 
46,282
 
Total
 
$
2,352,824
 
 
$
10,358
 
 
$
2,363,182
 
Loans By Past Due Status
Loans by past due status as of June 30, 2013 and December 31, 2012 were as follows:
 
June 30, 2013
 
Past Due Status (Accruing Loans)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
 
 
30-59 Days
 
 
60-89 Days
 
 
90+ Days
 
 
Due
 
 
Non-Accrual
 
 
Current
 
 
Total Loans
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,000
 
 
$
675
 
 
$
65
 
 
$
1,740
 
 
$
1,332
 
 
$
1,147,905
 
 
$
1,150,977
 
Real estate - construction
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
12,223
 
 
 
149,853
 
 
 
162,076
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
904
 
 
 
165
 
 
 
-
 
 
 
1,069
 
 
 
755
 
 
 
621,322
 
 
 
623,146
 
1-4 family mortgage
 
 
651
 
 
 
-
 
 
 
79
 
 
 
730
 
 
 
218
 
 
 
251,409
 
 
 
252,357
 
Other mortgage
 
 
3,609
 
 
 
375
 
 
 
-
 
 
 
3,984
 
 
 
237
 
 
 
355,702
 
 
 
359,923
 
Total real estate - mortgage
 
 
5,164
 
 
 
540
 
 
 
79
 
 
 
5,783
 
 
 
1,210
 
 
 
1,228,433
 
 
 
1,235,426
 
Consumer
 
 
82
 
 
 
47
 
 
 
115
 
 
 
244
 
 
 
-
 
 
 
41,469
 
 
 
41,713
 
Total
 
$
6,246
 
 
$
1,262
 
 
$
259
 
 
$
7,767
 
 
$
14,765
 
 
$
2,567,660
 
 
$
2,590,192
 
 
December 31, 2012
 
Past Due Status (Accruing Loans)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
 
 
30-59 Days
 
 
60-89 Days
 
 
90+ Days
 
 
Due
 
 
Non-Accrual
 
 
Current
 
 
Total Loans
 
 
 
(In Thousands)
 
Commercial, financial and agricultural
 
$
1,699
 
 
$
385
 
 
$
-
 
 
$
2,084
 
 
$
276
 
 
$
1,028,630
 
 
$
1,030,990
 
Real estate - construction
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
6,460
 
 
 
151,901
 
 
 
158,361
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
1,480
 
 
 
10
 
 
 
-
 
 
 
1,490
 
 
 
2,786
 
 
 
563,765
 
 
 
568,041
 
1-4 family mortgage
 
 
420
 
 
 
16
 
 
 
-
 
 
 
436
 
 
 
453
 
 
 
235,020
 
 
 
235,909
 
Other mortgage
 
 
516
 
 
 
-
 
 
 
-
 
 
 
516
 
 
 
240
 
 
 
322,843
 
 
 
323,599
 
Total real estate - mortgage
 
 
2,416
 
 
 
26
 
 
 
-
 
 
 
2,442
 
 
 
3,479
 
 
 
1,121,628
 
 
 
1,127,549
 
Consumer
 
 
108
 
 
 
-
 
 
 
8
 
 
 
116
 
 
 
135
 
 
 
46,031
 
 
 
46,282
 
Total
 
$
4,223
 
 
$
411
 
 
$
8
 
 
$
4,642
 
 
$
10,350
 
 
$
2,348,190
 
 
$
2,363,182
 
Changes In Allowance For Loan Losses Segregated By Loan Type
The following table presents an analysis of the allowance for loan losses by portfolio segment as of June 30, 2013 and December 31, 2012. The total allowance for loan losses is disaggregated into those amounts associated with loans individually evaluated and those associated with loans collectively evaluated.
 
 
 
Commercial,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
financial and
 
 
Real estate -
 
 
Real estate -
 
 
 
 
 
Qualitative
 
 
 
 
 
 
agricultural
 
 
construction
 
 
mortgage
 
 
Consumer
 
 
Factors
 
 
Total
 
 
 
(In Thousands)
 
 
 
Three Months Ended June 30, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2013
 
$
8,951
 
 
$
6,642
 
 
$
5,737
 
 
$
164
 
 
$
6,185
 
 
$
27,679
 
Chargeoffs
 
 
(101
)
 
 
(1,888
)
 
 
(270
)
 
 
(129
)
 
 
-
 
 
 
(2,388
)
Recoveries
 
 
31
 
 
 
95
 
 
 
3
 
 
 
3
 
 
 
-
 
 
 
132
 
Provision
 
 
2,259
 
 
 
604
 
 
 
569
 
 
 
186
 
 
 
(284
)
 
 
3,334
 
Balance at June 30, 2013
 
$
11,140
 
 
$
5,453
 
 
$
6,039
 
 
$
224
 
 
$
5,901
 
 
$
28,757
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2012
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2012
 
$
6,625
 
 
$
7,607
 
 
$
3,893
 
 
$
510
 
 
$
5,027
 
 
$
23,662
 
Chargeoffs
 
 
(261
)
 
 
(2,502
)
 
 
(221
)
 
 
(537
)
 
 
-
 
 
 
(3,521
)
Recoveries
 
 
-
 
 
 
8
 
 
 
4
 
 
 
3
 
 
 
-
 
 
 
15
 
Provision
 
 
147
 
 
 
2,469
 
 
 
(36
)
 
 
309
 
 
 
194
 
 
 
3,083
 
Balance at June 30, 2012
 
$
6,511
 
 
$
7,582
 
 
$
3,640
 
 
$
285
 
 
$
5,221
 
 
$
23,239
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2012
 
$
8,233
 
 
$
6,511
 
 
$
4,912
 
 
$
199
 
 
$
6,403
 
 
$
26,258
 
Chargeoffs
 
 
(988
)
 
 
(3,877
)
 
 
(270
)
 
 
(131
)
 
 
-
 
 
 
(5,266
)
Recoveries
 
 
37
 
 
 
102
 
 
 
3
 
 
 
5
 
 
 
-
 
 
 
147
 
Provision
 
 
3,858
 
 
 
2,717
 
 
 
1,394
 
 
 
151
 
 
 
(502
)
 
 
7,618
 
Balance at June 30, 2013
 
$
11,140
 
 
$
5,453
 
 
$
6,039
 
 
$
224
 
 
$
5,901
 
 
$
28,757
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2012
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2011
 
$
6,627
 
 
$
6,542
 
 
$
3,295
 
 
$
531
 
 
$
5,035
 
 
$
22,030
 
Chargeoffs
 
 
(548
)
 
 
(2,919
)
 
 
(281
)
 
 
(629
)
 
 
-
 
 
 
(4,377
)
Recoveries
 
 
100
 
 
 
8
 
 
 
6
 
 
 
6
 
 
 
-
 
 
 
120
 
Provision
 
 
332
 
 
 
3,951
 
 
 
620
 
 
 
377
 
 
 
186
 
 
 
5,466
 
Balance at June 30, 2012
 
$
6,511
 
 
$
7,582
 
 
$
3,640
 
 
$
285
 
 
$
5,221
 
 
$
23,239
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2013
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually Evaluated for Impairment
 
 
2,286
 
 
 
932
 
 
 
2,744
 
 
 
75
 
 
 
-
 
 
 
6,037
 
Collectively Evaluated for Impairment
 
 
8,854
 
 
 
4,521
 
 
 
3,295
 
 
 
149
 
 
 
5,901
 
 
 
22,720
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
1,150,977
 
 
$
162,076
 
 
$
1,235,426
 
 
$
41,713
 
 
$
-
 
 
$
2,590,192
 
Individually Evaluated for Impairment
 
 
6,771
 
 
 
17,700
 
 
 
21,256
 
 
 
559
 
 
 
-
 
 
 
46,286
 
Collectively Evaluated for Impairment
 
 
1,144,206
 
 
 
144,376
 
 
 
1,214,170
 
 
 
41,154
 
 
 
-
 
 
 
2,543,906
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2012
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually Evaluated for Impairment
 
 
577
 
 
 
1,013
 
 
 
1,921
 
 
 
-
 
 
 
-
 
 
 
3,511
 
Collectively Evaluated for Impairment
 
 
7,656
 
 
 
5,498
 
 
 
2,991
 
 
 
199
 
 
 
6,403
 
 
 
22,747
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
1,030,990
 
 
$
158,361
 
 
$
1,127,549
 
 
$
46,282
 
 
$
-
 
 
$
2,363,182
 
Individually Evaluated for Impairment
 
 
3,910
 
 
 
14,422
 
 
 
18,927
 
 
 
135
 
 
 
-
 
 
 
37,394
 
Collectively Evaluated for Impairment
 
 
1,027,080
 
 
 
143,939
 
 
 
1,108,622
 
 
 
46,147
 
 
 
-
 
 
 
2,325,788
 
Details Of Company's Impaired Loans
The following table presents details of the Company’s impaired loans as of June 30, 2013 and December 31, 2012, respectively. Loans which have been fully charged off do not appear in the tables.
 
 
 
 
 
 
 
 
 
 
 
 
For the three months
 
 
For the six months
 
 
 
 
 
 
 
 
 
 
 
 
ended June 30,
 
 
ended June 30,
 
 
 
June 30, 2013
 
 
2013
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
 
 
 
 
Interest
 
 
 
 
 
 
Unpaid
 
 
 
 
 
Average
 
 
Income
 
 
Average
 
 
Income
 
 
 
Recorded
 
 
Principal
 
 
Related
 
 
Recorded
 
 
Recognized
 
 
Recorded
 
 
Recognized
 
 
 
Investment
 
 
Balance
 
 
Allowance
 
 
Investment
 
 
in Period
 
 
Investment
 
 
in Period
 
 
 
(In Thousands)
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
2,805
 
 
$
2,805
 
 
$
-
 
 
$
2,732
 
 
$
82
 
 
$
2,708
 
 
$
172
 
Real estate - construction
 
 
9,933
 
 
 
10,976
 
 
 
-
 
 
 
9,587
 
 
 
39
 
 
 
9,166
 
 
 
90
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
2,988
 
 
 
2,988
 
 
 
-
 
 
 
3,000
 
 
 
36
 
 
 
3,013
 
 
 
77
 
1-4 family mortgage
 
 
1,351
 
 
 
1,351
 
 
 
-
 
 
 
1,352
 
 
 
15
 
 
 
1,353
 
 
 
30
 
Other mortgage
 
 
3,010
 
 
 
3,108
 
 
 
-
 
 
 
2,901
 
 
 
43
 
 
 
2,812
 
 
 
82
 
Total real estate - mortgage
 
 
7,349
 
 
 
7,447
 
 
 
-
 
 
 
7,253
 
 
 
94
 
 
 
7,178
 
 
 
189
 
Consumer
 
 
19
 
 
 
19
 
 
 
-
 
 
 
20
 
 
 
-
 
 
 
22
 
 
 
1
 
Total with no allowance recorded
 
 
20,106
 
 
 
21,247
 
 
 
-
 
 
 
19,592
 
 
 
215
 
 
 
19,074
 
 
 
452
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
3,966
 
 
 
3,966
 
 
 
2,286
 
 
 
3,526
 
 
 
41
 
 
 
3,626
 
 
 
81
 
Real estate - construction
 
 
7,767
 
 
 
8,214
 
 
 
932
 
 
 
7,947
 
 
 
40
 
 
 
8,034
 
 
 
91
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
4,364
 
 
 
4,614
 
 
 
1,184
 
 
 
4,383
 
 
 
35
 
 
 
4,398
 
 
 
66
 
1-4 family mortgage
 
 
7,664
 
 
 
7,664
 
 
 
1,136
 
 
 
7,825
 
 
 
67
 
 
 
7,675
 
 
 
130
 
Other mortgage
 
 
1,879
 
 
 
1,879
 
 
 
424
 
 
 
1,883
 
 
 
27
 
 
 
1,821
 
 
 
54
 
Total real estate - mortgage
 
 
13,907
 
 
 
14,157
 
 
 
2,744
 
 
 
14,091
 
 
 
129
 
 
 
13,894
 
 
 
250
 
Consumer
 
 
540
 
 
 
540
 
 
 
75
 
 
 
588
 
 
 
9
 
 
 
705
 
 
 
21
 
Total with allowance recorded
 
 
26,180
 
 
 
26,877
 
 
 
6,037
 
 
 
26,152
 
 
 
219
 
 
 
26,259
 
 
 
443
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Impaired Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
6,771
 
 
 
6,771
 
 
 
2,286
 
 
 
6,258
 
 
 
123
 
 
 
6,334
 
 
 
253
 
Real estate - construction
 
 
17,700
 
 
 
19,190
 
 
 
932
 
 
 
17,534
 
 
 
79
 
 
 
17,200
 
 
 
181
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
7,352
 
 
 
7,602
 
 
 
1,184
 
 
 
7,383
 
 
 
71
 
 
 
7,411
 
 
 
143
 
1-4 family mortgage
 
 
9,015
 
 
 
9,015
 
 
 
1,136
 
 
 
9,177
 
 
 
82
 
 
 
9,028
 
 
 
160
 
Other mortgage
 
 
4,889
 
 
 
4,987
 
 
 
424
 
 
 
4,784
 
 
 
70
 
 
 
4,633
 
 
 
136
 
Total real estate - mortgage
 
 
21,256
 
 
 
21,604
 
 
 
2,744
 
 
 
21,344
 
 
 
223
 
 
 
21,072
 
 
 
439
 
Consumer
 
 
559
 
 
 
559
 
 
 
75
 
 
 
608
 
 
 
9
 
 
 
727
 
 
 
22
 
Total impaired loans
 
$
46,286
 
 
$
48,124
 
 
$
6,037
 
 
$
45,744
 
 
$
434
 
 
$
45,333
 
 
$
895
 
 
December 31, 2012
 
 
 
 
 
 
Unpaid
 
 
 
 
 
Average
 
 
Interest Income
 
 
 
Recorded
 
 
Principal
 
 
Related
 
 
Recorded
 
 
Recognized in
 
 
 
Investment
 
 
Balance
 
 
Allowance
 
 
Investment
 
 
Period
 
 
 
(In Thousands)
 
With no allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
2,602
 
 
$
2,856
 
 
$
-
 
 
$
2,313
 
 
$
105
 
Real estate - construction
 
 
6,872
 
 
 
7,894
 
 
 
-
 
 
 
7,631
 
 
 
188
 
Owner-occupied commercial
 
 
5,111
 
 
 
5,361
 
 
 
-
 
 
 
5,411
 
 
 
145
 
1-4 family mortgage
 
 
2,166
 
 
 
2,388
 
 
 
-
 
 
 
2,177
 
 
 
108
 
Other mortgage
 
 
4,151
 
 
 
4,249
 
 
 
-
 
 
 
4,206
 
 
 
275
 
Total real estate - mortgage
 
 
11,428
 
 
 
11,998
 
 
 
-
 
 
 
11,794
 
 
 
528
 
Consumer
 
 
135
 
 
 
344
 
 
 
-
 
 
 
296
 
 
 
6
 
Total with no allowance recorded
 
 
21,037
 
 
 
23,092
 
 
 
-
 
 
 
22,034
 
 
 
827
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
1,308
 
 
 
1,308
 
 
 
577
 
 
 
1,325
 
 
 
90
 
Real estate - construction
 
 
7,550
 
 
 
8,137
 
 
 
1,013
 
 
 
6,961
 
 
 
154
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
3,195
 
 
 
3,195
 
 
 
779
 
 
 
3,277
 
 
 
77
 
1-4 family mortgage
 
 
4,002
 
 
 
4,002
 
 
 
1,007
 
 
 
4,001
 
 
 
139
 
Other mortgage
 
 
302
 
 
 
302
 
 
 
135
 
 
 
307
 
 
 
20
 
Total real estate - mortgage
 
 
7,499
 
 
 
7,499
 
 
 
1,921
 
 
 
7,585
 
 
 
236
 
Total with allowance recorded
 
 
16,357
 
 
 
16,944
 
 
 
3,511
 
 
 
15,871
 
 
 
480
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Impaired Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
3,910
 
 
 
4,164
 
 
 
577
 
 
 
3,638
 
 
 
195
 
Real estate - construction
 
 
14,422
 
 
 
16,031
 
 
 
1,013
 
 
 
14,592
 
 
 
342
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied commercial
 
 
8,306
 
 
 
8,556
 
 
 
779
 
 
 
8,688
 
 
 
222
 
1-4 family mortgage
 
 
6,168
 
 
 
6,390
 
 
 
1,007
 
 
 
6,178
 
 
 
247
 
Other mortgage
 
 
4,453
 
 
 
4,551
 
 
 
135
 
 
 
4,513
 
 
 
295
 
Total real estate - mortgage
 
 
18,927
 
 
 
19,497
 
 
 
1,921
 
 
 
19,379
 
 
 
764
 
Consumer
 
 
135
 
 
 
344
 
 
 
-
 
 
 
296
 
 
 
6
 
Total impaired loans
 
$
37,394
 
 
$
40,036
 
 
$
3,511
 
 
$
37,905
 
 
$
1,307
 
Analysis Of Troubled Debt Restructuring
The following table presents an analysis of TDRs as of June 30, 2013 and June 30, 2012. 
 
 
 
June 30, 2013
 
 
June 30, 2012
 
 
 
 
 
 
Pre-
 
 
Post-
 
 
 
 
 
Pre-
 
 
Post-
 
 
 
 
 
 
Modification
 
 
Modification
 
 
 
 
 
Modification
 
 
Modification
 
 
 
 
 
 
Outstanding
 
 
Outstanding
 
 
 
 
 
Outstanding
 
 
Outstanding
 
 
 
Number of
 
 
Recorded
 
 
Recorded
 
 
Number of
 
 
Recorded
 
 
Recorded
 
 
 
Contracts
 
 
Investment
 
 
Investment
 
 
Contracts
 
 
Investment
 
 
Investment
 
 
 
(In Thousands)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
2
 
 
$
1,066
 
 
$
1,066
 
 
 
2
 
 
$
1,263
 
 
$
1,263
 
Real estate - construction
 
 
-
 
 
 
-
 
 
 
-
 
 
 
15
 
 
 
2,377
 
 
 
2,377
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied    commercial
 
 
3
 
 
 
3,121
 
 
 
3,121
 
 
 
3
 
 
 
2,786
 
 
 
2,786
 
1-4 family mortgage
 
 
1
 
 
 
4,925
 
 
 
4,925
 
 
 
5
 
 
 
1,709
 
 
 
1,709
 
Other mortgage
 
 
1
 
 
 
294
 
 
 
294
 
 
 
1
 
 
 
304
 
 
 
304
 
Total real estate mortgage
 
 
5
 
 
 
8,340
 
 
 
8,340
 
 
 
9
 
 
 
4,799
 
 
 
4,799
 
Consumer
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
7
 
 
$
9,406
 
 
$
9,406
 
 
 
26
 
 
$
8,439
 
 
$
8,439
 
 
 
 
Number of
 
 
Recorded
 
 
Number of
 
 
Recorded
 
 
 
Contracts
 
 
Investment
 
 
Contracts
 
 
Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Troubled Debt Restructurings That Subsequently Defaulted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
 
-
 
 
$
-
 
 
 
-
 
 
$
-
 
Real estate - construction
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Real estate - mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied    commercial
 
 
-
 
 
 
-
 
 
 
3
 
 
 
2,786
 
1-4 family mortgage
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Other mortgage
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Total real estate - mortgage
 
 
-
 
 
 
-
 
 
 
3
 
 
 
2,786
 
Consumer
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
-
 
 
$
-
 
 
 
3
 
 
$
2,786